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Renovated 13-Unit Apartment Building
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4653 Otis Street, Wheat Ridge, CO 80033

One-story apartment property with upgraded interiors, refreshed systems, renovated laundry facilities, and surface parking.

Property Size9,840 SF
Price / SF$274.39
Days on Market129

Property Features for 4653 Otis Street

General Information

Standard status Active
Size 9,840 SF
Total Parking Spaces 22
Property subtype Retail, Multifamily
Net Operating Income $159,917

Building Details

Year Built 1960
Year Renovated 2023
Buildings 1
Stories 1
Units 13
Listing Agency: Kaufman Hagan Commercial Real Estate
Listed By: Brandon Kaufman · License #FA100071442
Source: Crexi
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 4:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kaufman Hagan Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 4653 Otis Street in Wheat Ridge, Colorado, this one-story apartment property contains 13 units within a 9,840-square-foot masonry building. The property was built in 1960 and renovated in 2023, with many units reconstructed to the studs and the remaining residences fully upgraded. Improvements include updated kitchens, bathrooms, flooring, fixtures, electrical systems, and plumbing. The building also features a newer pitched roof, gutters, windows, and a boiler replaced approximately three years ago.

The 23,610-square-foot lot provides 22 surface parking spaces. A fully renovated laundry facility and maintained common areas add to the property’s operating infrastructure. Heating is provided by a gas boiler, while cooling is handled through wall units. Gas and electric service are individually metered, and water and sewer are master-metered. The property is situated in Wheat Ridge within Jefferson County and has access to major corridors and Denver-area employment centers.

Key Highlights

  • 13 units in a 9,840 SF one‑story masonry building
  • Built in 1960 and renovated in 2023
  • 23,610‑square‑foot lot with 22 surface parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store Food Market Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,352
Businesses Nearby

Demographics for 80033, CO

26,618
Population
13,257
Households
2
Avg Household Size
42
Median Age
44%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
3,207
Density / Sq Mi
$84,719
Median Household Income
$53,503
Median Earnings
$1,536
Median Rent
$568,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - One-story apartment property with upgraded interiors, refreshed systems, renovated laundry facilities, and surface parking.
Where is this apartment building located?
The property is located at 4653 Otis Street Wheat Ridge, CO.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 13 units in a 9,840 SF one‑story masonry building; Built in 1960 and renovated in 2023; 23,610‑square‑foot lot with 22 surface parking spaces
(650) 740-9570 Call to check price and availability
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